What If There is a Change in Spanish Inheritance Tax Law?
The main purpose of our scheme is to give access to capital and to provide extra income with the saving of potential inheritance tax an additional benefit. Tax laws can always change but at present inheritance tax is payable on assets located in Spain and a potentially high liability can arise. Our scheme does remove this risk and, should the law change, the basic reasons for entering the scheme are still valid. I do not believe that inheritance tax will be abolished and if changes are made in the Law these may reflect higher levels of personal allowances and therefore slightly lower levels of tax becoming payable.
